ptown_trojans_1;848873 wrote:Ok, chicken little. Just go sit in the corner while the adults go ahead and try and figure out how to solve the problem.

Well around here, it looks like you'll be left talking to yourself then, lol

ptown_trojans_1;848873 wrote:Ok, chicken little. Just go sit in the corner while the adults go ahead and try and figure out how to solve the problem.
Saying we are doomed and screwed makes no sense right now. Are you really quitting on this country? Lame.
Instead, suck it up, look for solutions, try and see what we can cut and how we can fix this problem. This is America, we don't run and hide because we think the end is near. We stand up, look to solve the problems and move on.
There is simply too much of the doomsday stuff going right now and not enough of the adults saying, "Ok, this is bad, but let's solve it."
Do I think Congress can solve it, perhaps. I think this committee done in the right way, is a step in the right direction.
Like most things in life, this is hard and complicated, and takes time. There is no quick fix.
Cynics aren't needed, sorry.

HAHAHAHAHAHAHAHA, adults? Really? You are calling the idiot children in D.C. adults? Those who argue like 5 year olds over cutting 30 billion from a 3.7 trillion budget? They are going to save this country? Don't make me laugh, I wouldn't put faith in those idiots to successfully raise a fucking goldfish, of course I think this country is doomed.

Your patriotism and belief in America is nice, but naive and misplaced. This is no war where we can win with overwhelming firepower. There is nothing for the public to get behind, they are too stupid to understand the issues, they get their political options from the news. The politicians have been kicking this issue down the road for decades, you think they are going to get a backbone and seriously solve this issue?

If I want to be a doomsday person, I can. I have no position in Congress, it is not my problem to solve. Unfortunately, we elect complete spineless wimps who don't have any political courage to do anything needed.

We can discuss solutions, but there is no reason to think either of the two parties will do anything to solve this. The sky isn't falling now, but it will, much faster than most people think. The debt will be $20 trillion by 2015. $30 trillion by 2020. The economy isn't growing, it's shrinking. The GDP is only going up at all because of government money pumped into that number. By 2020 the GDP might still be where it now. The U.S. credit rating will be downgraded to AA within the next few months, just as we were warned by the rating agencies. The only thing that might save that is those companies are lobbying right now for relaxed regulations. Obama might be able to cut a deal with them to save our AAA rating, but that doesn't even matter. Sooner rather than later the rest of the world will have had their fill on U.S. Treasury bonds with low interest rates. When the debt approaches double the size of our economy, you better believe that the Federal Reserve will be buying most of those bonds with money they print in the basement. We could very realistically be facing default within the next 10-15 years, and not because of bickering over the debt ceiling, but because we can't find anyone to lend us the money without hyperinflating our currency.

If you want solutions, here they are:

1. Slash spending. Everything must be cut. You can't spare any program, because right now our mandatory spending already exceeds tax revenue without even providing money for a military, and we obviously need a military. Cut military spending by 40%. Close half of our overseas bases. Wrap up the wars. Eliminate waste.

2. Grow the economy. This is the hard part, because this system of government sponsored big business fake capitalism seems to have just about run its course. Prices and wages must fall to make us more competitive globally. The big banks must be broken up. The big oil companies must be broken up. Unions must be eliminated for all government employees. Fannie Mae and Freddie Mac should be sold off to the private sector or eliminated. Slash corporate tax rates. Eliminate capital gains taxes on everyone unless those gains were part of your compensation. Eliminate all subsidies and various tax credits for everyone and everything and lower overall tax rates. Eliminate all but the most essential environmental regulations.

Legitimate manufacturing jobs will never return to this country until it is cost effective for a company to make their product here. If taxes are lower, cost of materials is lower, and cost of labor is lower, it isn't worth it to move the jobs overseas. The way this can be accomplished is by cutting taxes on businesses and investment, cutting unnecessary regulations on these businesses, and by promoting competition by breaking up the companies that are "too big to fail". Tax revenues will come back when the economy comes back, but until then we would have to cut extra deep to make up for it.

If the left wants cuts to be spread out over ten years( $1T-10years=$100B/year. right?) Why didnt the GOP say thats fine, then we will raise the debt ceiling the same way. $100B per year, the same way you want the cuts?

Why give Obama all the money up front, but put all the cuts in the back. Stupid.

I wish the Mack Penny plan would have passed.

http://paul.senate.gov/?p=press_release&id=280

QuakerOats;849622 wrote:http://paul.senate.gov/?p=press_release&id=280

This is a Constitutional issue, isn't it?:

Buried in the details of this bill is the automatic debt limit increase proposed a few weeks ago. The second installment of the debt ceiling increase is initiated by the President automatically and can only be stopped by a two-thirds vote of Congress. This shifts the Constitutional check on borrowing from Congress to the President and makes it easier to raise the debt ceiling. Despite claims to the contrary, none of the triggers in this bill include withholding the second limit increase.

So....the Dems abhor a Balanced Budget Amendment and it appears they have given the POTUS, whomever it shall be, virtually unlimited power to increase the debt limit at his/her whim. Since we don't have a Balanced Budget Amendment, the only practical method available to stop and bring attention to the spendaholics is to raise hell discussing raising the debt ceiling. Now...with this abomination, the only method in place to stop these buffoons is virtually wiped out. Declare a king of spending and get out of the way. Oh happy days for the USA.

Signed,
Mr. Little

QuakerOats;849622 wrote:http://paul.senate.gov/?p=press_release&id=280

He's exactly right. The whole thing is a sham, I can't believe the Tea Party "terrorists" actually let this thing pass.

Salary of the US President .....................$400,000
Salary of retired US Presidents ..............$180,000
Salary of House/Senate ...........................$174,000
Salary of Speaker of the House ...............$223,500
Salary of Majority/Minority Leaders ......$193,400



Average Salary of Soldier DEPLOYED IN IRAQ.............$38,000


I think we found where the cuts should be made

Apparently, the "anointed one" and his aides were asked to leave the room by both sides during the final negotiations. They couldn't get anything done with him there.

Just shows how truly over his head Obama is when it comes to this whole leadership thing.

http://www.thegatewaypundit.com/2011/08/confirmed-at-white-house-meeting-gop-and-dem-leaders-asked-president-wonderful-his-aides-to-leave-room-so-they-could-negotiate/

coyotes22;850492 wrote:Salary of the US President .....................$400,000
Salary of retired US Presidents ..............$180,000
Salary of House/Senate ...........................$174,000
Salary of Speaker of the House ...............$223,500
Salary of Majority/Minority Leaders ......$193,400



Average Salary of Soldier DEPLOYED IN IRAQ.............$38,000


I think we found where the cuts should be made

Ignorant.

revgat;851093 wrote:Ignorant.

Yep

Tonight's the night we'll make history, honey, you and I
And I'll take any risk to tie back the hands of time
And stay with you here tonight
I know you feel these are the worst of times
I do believe it's true
When people lock their doors and hide inside
Rumor has it it's the end of Paradise
But I know, if the world just passed us by
Baby I know, you wouldn't have to cry

Writerbuckeye;851035 wrote:Apparently, the "anointed one" and his aides were asked to leave the room by both sides during the final negotiations. They couldn't get anything done with him there.

Just shows how truly over his head Obama is when it comes to this whole leadership thing.

The Nobel Peace Prize winner sucks at negotiations?

believer;851374 wrote:The Nobel Peace Prize winner sucks at negotiations?

Nooooooooooooooo!

He talked Iran down from gaining nuclear power.
He talked the Muslim Brotherhood down from gaining power in Egypt
He talked down fighting in Libya
He talked terrorist down from fighting anymore
And he got a debt deal passed

coyotes22;851377 wrote:Nooooooooooooooo!

He talked Iran down from gaining nuclear power.
He talked the Muslim Brotherhood down from gaining power in Egypt
He talked down fighting in Libya
He talked terrorist down from fighting anymore
And he got a debt deal passed

You forgot about getting the 2016 Summer Olympics in Chicago, er, um, I mean, Rio.

jhay78;851595 wrote:You forgot about getting the 2016 Summer Olympics in Chicago, er, um, I mean, Rio.

Well at least it's in the Amerikas.